bus amended stakeholder identification assignment
Your instructor will choose two incidents from the Short Incidents for Ethical Reasoning that follow Ch. 8 of your textbook. After reading each incident, you must identify all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle.
Your textbook defines stakeholders as an entity that is benefitted or burdened by the actions of a corporation or whose actions may benefit or burden the corporation. Some common examples of stakeholders would include customers, employees, suppliers, stockholders, and the community.
Businesses will almost always have multiple stakeholders, and many times their interests will conflict. This means that a business decision-maker will frequently have to make a decision in the face of competing claims from different stakeholders. The question of whose interests should be prioritized requires the exercise of judgment. This skill—examining competing claims and deciding which one is the strongest—is called evaluation. You will want to consider the power, urgency, and legitimacy that each stakeholder presents.
You should put yourselves in each stakeholder’s position—Why do they care about the outcome of the decision? How will they be affected? What outcome would they prefer? What are their arguments in support of their preferred outcome? You will want to consider the power, urgency, and legitimacy that each stakeholder presents. Two of the videos below will give you a brief review of stakeholder theory and give you an idea of what skills you will be expected to demonstrate when you complete this assignment. Additionally, writing mechanics and grammar are graded as part of this assignment. A video on improving mechanics in business writing is provided below to help refresh your memory. Viewing statistics will be collected and counted as part of the assignment’s grade.
https://sorrell.mediasite.com/mediasite/Play/9f2000caa3a3424099b80fe0e96aca2b1d
https://sorrell.mediasite.com/mediasite/Play/eb1759d6fd85447fa74eb099c25cbb5d1d
https://sorrell.mediasite.com/mediasite/Play/9fd4b218dd0946ef92d6e6739273355d1d
As a reminder, for each incident, be sure to identify all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle.
Submission instructions
- Please ensure that the Certification set out below appears on your submission.
- Attach your Word document to this assignment and submit before the due date.
Certification
By submitting my responses to this Assignment, I hereby certify and affirm that I have not received any aid of any type from any of my classmates or students taking this course in other sections.
NOTE: At least I need 850 words. And Please read what I upload carefully.
